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Danny Deen, Denimpex:

"Stocks of good quality garlic considerably lower than in last five years"

The summer harvest of Chinese garlic is now over and so is the Spanish garlic. "The garlic is now in the cold stores and the total output will be less for Europe this season, given that the high quality requirements set by Europe will simply not be available," says Danny Deen of Denimpex.

"Spain has a loss of 30-40% due to the disease in the garlic, as we also saw a few years ago. The picture is different in China. The harvest has been good in terms of volume and quality / size, but the demand is also high. The demand from all over the world is large enough that there will soon be just enough or too little available worldwide. "

“The price situation in Spain has been high from the start of the harvest due to the large dropout rate and in China prices have almost doubled from the start of the harvest due to many speculative purchases by local futures exchanges (internet). Given the need for garlic within the EU with a quota of 45,000 tonnes and a dropout rate of 30-40% in Spain, a garlic shortage is expected to occur in winter 2020/2021, as quality stocks are significantly lower than in the last five years,” notes Danny.

The sales volumes of the Chinese garlic in June, July and August are significantly higher than the last five years given the good quality and relatively lower sales prices than those of the Spanish medium quality which are much more expensive," concludes the importer.

For more information:
Danny Deen
Denimpex 
Sint Antoniesbreestraat 10
1011 HB Amsterdam - Holland
Tel: 0031 (0) 206246390
danny@denimpex.nl
www.denimpex.nl


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